Wiley Interpretation and Application of IFRS Standards

24 FINANCIAL INSTRUMENTS

• Introduction
  • Introduction to IFRS 9
  • Significant Differences Between IFRS 9 and IAS 39
  • Objective
  • Scope
• Definitions of Terms
• Recognition, Measurement and Derecognition of Financial Instruments
  • Initial Recognition
  • Initial Measurement
  • Initial Measurement: Transaction Costs
  • Fair Value on Initial Recognition?
    • Contracts to buy or sell a non-financial item
  • Financial Assets
    • Regular-way purchase or sale of financial assets
    • Classification of financial assets
  • Classification of Financial Assets—Decision Tree
    • The business model
  • Cash Flow Characteristics
    • Fair value through profit or loss (FVTPL)
  • Elimination or reduction of accounting mismatches (also applies to financial liabilities classified as FVTPL)
  • Managing performance of financial instruments and evaluating its performance on a fair value basis
  • Fair Value Through Other Comprehensive Income (FVTOCI)
  • Amortised Cost
    • Business model for assets classified as amortised cost
    • Cash flow characteristics for assets classified as amortised cost
    • Changes to contractual terms
  • Subsequent Measurement of Financial Assets
  • Investments in Equity Instruments
  • Reclassification of Financial Assets
  • Derecognition of Financial Assets
  • Transferring of Financial Assets
  • Transferring of Financial Assets that Qualify for Derecognition
  • Transferring of Financial Assets that do not Qualify for Derecognition
  • Continuing Involvement in Transferred Financial Assets
• Financial Liabilities
  • Classification of Financial Liabilities
• Subsequent ...